Form 4 for MTUS Metallus Inc.
Accepted 2023-12-18 00:00:00 ET · period of report 2023-12-15 · accession 0000950170-23-071206 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMT | 2023-12-18 | 2023-12-18 | MTUS | WESTBROOKS KRISTOPHER R | EVP, CFO | M - OptEx | $9.14 | +7,657 | 175.0K | +5% | +$70.0K |
| DT | 2023-12-18 | 2023-12-18 | MTUS | WESTBROOKS KRISTOPHER R | EVP, CFO | S - Sale+OE | $23.00 | -7,657 | 171.5K | -4% | -$176.1K |
| DMT | 2023-12-18 | 2023-12-18 | MTUS | WESTBROOKS KRISTOPHER R | EVP, CFO | M - OptEx | $0.00 | -7,657 | 29.0K | -21% | $0 |
| DT | 2023-12-18 | 2023-12-15 | MTUS | WESTBROOKS KRISTOPHER R | EVP, CFO | A - Grant | $0.00 | +40.0K | 40.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2023-12-18 | M | A | 4,137 | $12.45 | 179,120 | D | — | — | |
| 2 | Common | Common Shares | 2023-12-18 | M | A | 3,520 | $5.26 | 174,983 | D | — | — | |
| 3 | Common | Common Shares | 2023-12-18 | S | D | 7,657 | $23.00 | 171,463 | D | — | — | |
| 4 | Derivative | Nonqualified Stock Option (Right to buy) | 2023-12-18 | M | D | 3,520 | $0.00 | 52,668 | D | $5.26 · — to 2030-03-02 | 3,520 Common Shares | (F3) Vests in four equal annual installments beginning March 2, 2021. |
| 5 | Derivative | Nonqualified Stock Option (Right to buy) | 2023-12-18 | M | D | 4,137 | $0.00 | 28,963 | D | $12.45 · — to 2029-03-01 | 4,137 Common Shares | (F4) Vests in four equal annual installments beginning March 1, 2020. |
| 6 | Derivative | Performance-Based Restricted Share Units | 2023-12-15 | A | A | 40,000 | $0.00 | 40,000 | D | — · — to — | 40,000 Common Shares | (F1) Each Performance-Based Restricted Share Unit ("PRSU") represents the right to receive one Issuer Common Share (or a cash payment equivalent thereto), plus cash dividend equivalents as applicable. (F2) In general, the PRSUs can be earned from 0% to 200% depending on the degree to which the Issuer's Common Shares satisfy up to seven specified average closing price goals (based on 20 consecutive trading days' achievement of a specified 20-trading-day average price) (the "Average Share Price Goals") from December 1, 2023 through December 31, 2026. Generally, PRSUs earned based on the Average Share Price Goals (or, if earlier, based upon performance evaluation through a change in control of the Issuer) then generally pay out (subject to a payment cap) in two equal installments in early 2027 and 2028, subject to certain alternative terms for death, disability or termination without cause. |